"Currently we broadcast Bitcoin traffic but we occasionally send some test patterns and we are planning to update to new protocol version soon which allows transmission of currency exchange data, too," Joel Lehtonen, the project's leader, told Cryptocoins News.

"So currently the broadcast is up and running, but is not yet ready for daily use."

Russian bitcoin ban to continue

Financial regulators in Russia are set to finalise draft proposals to continue the outlawing of bitcoin and other cryptocurrencies in the country.

Anyone who trades in cryptocurrency or is involved in mining it will face criminal proceedings.